At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — June (#GC)	4642.40	4668.20	4707.00	4732.80	4771.60
Silver (SI) — May. (#SI)	74.08	75.02	76.06	77.01	78.05
Crude Oil (CL) — June. (#CL)	93.14	94.77	96.22	97.85	99.30
June Bonds (ZB) — June. (#ZB)	113 7/32	113 15/32	113 24/32	114	114 9/32

Trading (or not on FOMC days)

trading

On FOMC days, futures day traders should think less about predicting the announcement and more about protecting their capital and emotional bandwidth. Liquidity often thins out ahead of the release, which means even “normal” setups can behave erratically, so it’s usually wise to reduce size, avoid initiating new positions right before the statement, and stay away from revenge trades if the first move fakes you out.

The real edge comes from preparation: mark key levels, know your max loss for the day, and be ready for spreads to widen and volatility to spike. After the announcement, let the first wave of algorithmic whipsaws pass before stepping in — patience often pays more than bravado.

And above all, don’t treat FOMC like a lottery ticket; treat it like a risk event that rewards discipline, not prediction.

Cannon Edge — Your Daily Futures Snapshot for April 29th

Daily Levels for April 29th, 2026

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.